DA Davidson Reaffirms “Buy” Rating for Diebold Nixdorf (NYSE:DBD)

Diebold Nixdorf (NYSE:DBD)‘s stock had its “buy” rating reiterated by analysts at DA Davidson in a research note issued to investors on Tuesday, Benzinga reports. They currently have a $100.00 price target on the technology company’s stock. DA Davidson‘s target price suggests a potential upside of 48.37% from the company’s previous close.

A number of other brokerages also recently issued reports on DBD. Wall Street Zen downgraded Diebold Nixdorf from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings downgraded shares of Diebold Nixdorf from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, September 24th. Finally, Wedbush reissued an “outperform” rating and issued a $100.00 target price on shares of Diebold Nixdorf in a research note on Thursday, October 15th. Three analysts have rated the stock with a Buy rating. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $100.00.

Diebold Nixdorf Stock Performance

Shares of Diebold Nixdorf stock traded down $1.42 during trading hours on Tuesday, reaching $67.40. The company had a trading volume of 439,188 shares, compared to its average volume of 323,882. The firm has a market cap of $2.29 billion, a PE ratio of 22.03 and a beta of 1.19. Diebold Nixdorf has a one year low of $54.48 and a one year high of $92.08. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.27 and a quick ratio of 0.83. The business has a fifty day simple moving average of $65.86 and a 200 day simple moving average of $75.06.

Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.10. The company had revenue of $927.60 million for the quarter, compared to analyst estimates of $923.07 million. Diebold Nixdorf had a return on equity of 21.16% and a net margin of 2.87%. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. On average, analysts anticipate that Diebold Nixdorf will post 5.46 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Thomas Timko bought 700 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was purchased at an average cost of $72.29 per share, with a total value of $50,603.00. Following the transaction, the executive vice president owned 3,132 shares in the company, valued at approximately $226,412.28. This trade represents a 28.78% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Diebold Nixdorf

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP raised its position in shares of Diebold Nixdorf by 16.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,148,962 shares of the technology company’s stock worth $86,672,000 after acquiring an additional 165,324 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Diebold Nixdorf by 20.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 519,201 shares of the technology company’s stock worth $39,169,000 after purchasing an additional 88,534 shares during the last quarter. Skylands Capital LLC lifted its stake in Diebold Nixdorf by 13.3% during the 3rd quarter. Skylands Capital LLC now owns 531,510 shares of the technology company’s stock valued at $32,539,000 after acquiring an additional 62,325 shares during the period. Bank of New York Mellon Corp bought a new position in Diebold Nixdorf during the second quarter valued at approximately $14,740,000. Finally, Hennessy Advisors Inc. bought a new position in shares of Diebold Nixdorf during the 2nd quarter valued at $10,857,000. Hedge funds and other institutional investors own 97.04% of the company’s stock.

About Diebold Nixdorf

Diebold Nixdorf, Incorporated provides technology, software and services for the banking and retail industries. Its portfolio includes automated teller machines (ATMs), cash-management systems, self-service kiosks, branch-automation solutions and software designed to support transactions, payments and customer interactions.

For retailers, the company offers point-of-sale systems, self-checkout solutions, payment technologies, software and related services. Diebold Nixdorf also provides professional services, maintenance, monitoring and managed services to help financial institutions and retailers operate and modernize their in-person and self-service channels.

The company traces its history to Diebold, founded in 1859, and Wincor Nixdorf, which was established in Germany in 1952.